Obazee Report: CBN wields the big stick, sacks boards of Titan Trust, Union Bank, Keystone Bank, Polaris

President Bola Tinubu has started the implementation of the report of the Special Investigator on Central Bank of Nigeria (CBN) and Related entities, Jim Obazee with the dissolution of the board and management of Titan Trust Bank and three others.

 

The decision to dissolve the boards was taken after a meeting between Yemi Cardoso, Obazee, and the board and management of the four banks.

 

It would be recalled that the investors in Titan Trust Bank refused to honour the invitation to a meeting with the Special Investigator.

 

Details later…